UTILICO EMERGING MARKETS TRUST PLC
Get an alert when UTILICO EMERGING MARKETS TRUST PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3.9m
0% vs 2025
Net assets
£480m
0% vs 2025
Employees
—
Average over period
Profit before tax
-£14m
0% vs 2025
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £23,079,000 | £23,840,000 | — | — | |
| Operating profit | £62,801,000 | -£13,132,000 | — | — | |
| Profit before tax | £61,209,000 | -£14,092,000 | -£14,092,000 | 0% | |
| Net profit | £57,891,000 | -£16,676,000 | -£16,676,000 | 0% | |
| Cash | £5,751,000 | £3,933,000 | £3,933,000 | 0% | |
| Total assets less current liabilities | £524,451,000 | £480,487,000 | £480,487,000 | 0% | |
| Net assets | £522,933,000 | £479,822,000 | £479,822,000 | 0% | |
| Equity | £522,933,000 | £479,822,000 | £479,822,000 | 0% | |
| Average employees | — | — | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £198,000 | £198,000 | £198,000 | 0% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | — | -55.1% | — | |
| Net margin | — | -69.9% | — | |
| Return on capital employed | 12.0% | -2.7% | — | |
| Gearing (liabilities / total assets) | 1.2% | 4.1% | 4.1% | |
| Current ratio | 2.59x | 0.25x | — | |
| Interest cover | 39.45x | -13.68x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Company will be able to continue in operation and meet its liabilities as they fall due over the next five years.”
Group structure
- UTILICO EMERGING MARKETS TRUST PLC · parent
- UEM (HK) Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ICM INVESTMENT MANAGEMENT LIMITED | Corporate Secretary | 2018-01-04 | — | — |
| BRIDGEMAN, Mark George Orlando | Director | 2021-09-22 | May 1968 | British |
| LIU, Isabel Hsiao Wen | Director | 2021-11-22 | Nov 1958 | British,American |
| STOBART, Eric St Clair | Director | 2019-10-01 | Sep 1948 | British |
| WELLS, Nadya Christina | Director | 2024-09-01 | Dec 1970 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NOROSE COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2017-12-07 | 2018-02-07 |
| HANSEN, Susan | Director | 2018-02-07 | 2023-09-19 |
| MADEIROS, Garry Anthony Michael | Director | 2018-02-07 | 2019-09-17 |
| MILNE, Garth Peter Denis | Director | 2018-02-07 | 2021-09-21 |
| MUH, Anthony Yi Tong | Director | 2018-02-07 | 2022-09-20 |
| RENNOCKS, John Leonard | Director | 2018-02-07 | 2024-12-31 |
| WESTON, Clive | Director | 2017-12-07 | 2018-02-07 |
| NOROSE COMPANY SECRETARIAL SERVICES LIMITED | Corporate Director | 2017-12-07 | 2018-02-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Norose Company Secretarial Services Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-12-07 | Ceased 2018-02-07 |
Filing timeline
Last 20 of 402 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-10 | AA | accounts | Accounts with accounts type full | |
| 2026-07-21 | SH06 | capital | Capital cancellation shares | |
| 2026-07-21 | SH03 | capital | Capital return purchase own shares | |
| 2026-07-21 | SH03 | capital | Capital return purchase own shares | |
| 2026-07-20 | SH06 | capital | Capital cancellation shares | |
| 2026-06-30 | SH06 | capital | Capital cancellation shares | |
| 2026-06-30 | SH03 | capital | Capital return purchase own shares | |
| 2026-06-25 | SH06 | capital | Capital cancellation shares | |
| 2026-06-25 | SH03 | capital | Capital return purchase own shares | |
| 2026-06-06 | SH06 | capital | Capital cancellation shares | |
| 2026-06-06 | SH03 | capital | Capital return purchase own shares | |
| 2026-05-22 | SH06 | capital | Capital cancellation shares | |
| 2026-05-22 | SH03 | capital | Capital return purchase own shares | |
| 2026-04-24 | SH06 | capital | Capital cancellation shares | |
| 2026-04-24 | SH06 | capital | Capital cancellation shares | |
| 2026-04-24 | SH03 | capital | Capital return purchase own shares | |
| 2026-04-24 | SH03 | capital | Capital return purchase own shares | |
| 2026-04-01 | SH06 | capital | Capital cancellation shares | |
| 2026-04-01 | SH03 | capital | Capital return purchase own shares | |
| 2026-03-18 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 19
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.